Mon.Jun 19, 2023

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Is the NCUA really about to loosen credit union membership rules again?

American Banker

Further changes to field of membership rules will result in credit unions so big that they lose focus on the communities they were chartered to serve.

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DirectID partners with Zinia AI

The Paypers

UK-based company DirectID has partnered with Zinia AI to offer hyper-personalisation and to assist with regulatory compliance in the lending industry.

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Digital Debt Collection Trends in 2023 - From Culture to Strategies

FICO

Home Blog Feed test Digital Debt Collection Trends in 2023 - From Culture to Strategies Insights from a panel discussion into debt collection trends for digitization, omnichannel communications and more Thu, 02/09/2023 - 10:26 Pawel Pasik by Ulrich Wiesner expand_less Back to top Mon, 06/19/2023 - 08:45 I recently participated in a roundtable discussion organized by Germany’s gi Geldinstitute, where we explored debt collection trends and best practices.

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The 20 top-performing banks with $2B to $10B in assets

American Banker

American Banker's annual ranking examines midsize banks with the best financial metrics.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Brazil authorises its central bank to regulate crypto companies

The Paypers

Brazil has signed a decree which clarifies the roles the country’s central bank and securities regulator will have regarding cryptocurrencies.

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MoneyGram study shows 85% of US citizens prefer digital remittance transfers

The Paypers

US-based payments and money transfer company MoneyGram has conducted a new survey that showcased new trends and growth drivers in the global payments industry.

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Banking Loyalty is Falling. Here’s How to Reverse That.

The Financial Brand

This article Banking Loyalty is Falling. Here’s How to Reverse That. appeared first on The Financial Brand. To improve customer experience, banks must commit to digital transformation, make CX a key focus & invest in differentiated CX strategies. This article Banking Loyalty is Falling. Here’s How to Reverse That. appeared first on The Financial Brand.

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Eazy Financial Services partners with JCB

The Paypers

Eazy Financial Services has partnered with JCB in order to enable JCB Card acceptances across EazyPay’s POS, as well as the merchant network in the Kingdom of Bahrain.

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Banks should be very cautious when considering working with crypto firms

American Banker

CEOs have to determine if this is really a viable business in a viable sector and whether these deposits can be safely used to support the fundamental mission of providing credit to the community.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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KakaoBank partners with SCBX for virtual banking license

The Paypers

South Korean-based internet-only bank KakaoBank has signed a memorandum of understanding with SCBX to obtain a virtual banking license from Thailand’s central bank.

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Bankers must reconsider how they approach crypto

American Banker

Understanding the different aspects of new technologies and how they extend existing financial systems is essential for fostering a healthy relationship between banking and emerging innovations.

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Opnfi partners with actyv.ai

The Paypers

Embedded finance firm Opnfi has partnered with actyv.ai to bring B2B embedded finance solutions for businesses in ASEAN, South Asia, the Middle East, and Africa.

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InstaShop acquires GroCart to expand across MENA

The Paypers

UAE-based online marketplace InstaShop has purchased GroCart , a B2B wholesale marketplace service, to expand its online marketplace for B2B across MENA.

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The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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Mvine forms partnership with Digidentity

The Paypers

UK-based orchestration service provider Mvine has partnered with Digidentity to offer a range of digital identity verification services with speed and affordability in mind.

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ACI Worldwide launches the ACI Instant Pay solution

The Paypers

US-based real-time payments software provider ACI Worldwide has launched the ACI Instant Pay solution for European and UK-based merchants.

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Virtusa Corporation partners with Icon Solutions

The Paypers

US-based Virtusa has partnered with UK-based Icon Solutions to support successful payments transformations for banks around the world.

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Binance faces an investigation in France, leaves the Netherlands

The Paypers

French authorities have started an investigation focused on the anti-money laundering procedures of cryptocurrency exchange Binance.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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Wyre is preparing to shut down its operations

The Paypers

US-based crypto payments firm Wyre has announced its decision to wind down its operations to protect its users and stakeholders.

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FOMO Pay taps Moody's Analytics for risk monitoring and compliance

The Paypers

Singapore-based FOMO Pay has implemented Moody’s Analytics KYC and AML solution to monitor risk and facilitate compliance of its digital payments and digital banking services.

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JP Morgan expands in Israel

The Paypers

US-based JP Morgan has announced its expansion in Israel and its decision to enter the commercial banking sector for high-tech commercial banking and companies.

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